There really are no assets, IMO.
They could possibly sell CIT and the DR-70 patent, but they'd get such a pittance, and all the creditors would want something.....
I find it amusing that when MacLellan was threatened with the personal lawsuits, he threatened bankruptcy, and the lenders removed their lawsuits. The lenders apparently thought at that time they'd get less if Radient went bankrupt.... I wonder if they still feel that way.
I would love to see the "buyout theorists" provide one legitimate piece of evidence supporting their theories. So far, I've seen (a) Gartner's house sale offered up as evidence, and (b) the fact that the O/S rose to 4.5 billion -- neither of which indicates a buyout of Radient as much as (a) people sell houses and (b) anyone wanting to take over Radient could do so with ease.